Money Market Mutual Funds Group of answer choices allow check writing. are issued by government only. are typically federally insured. have stated maturity dates

Commercial Papers are issued by Commercial Banks Government Corporate Sector Mutual Funds

Delaware City’s serial bonds are serviced through a debt service fund with cash provided by the general fund. In a debt service fund’s statements, how are cash receipts and cash payments reported?          Cash Receipts                 Cash Paymentsa.           Revenues                            Expendituresb.          Revenues Other                 financing sourcesc.          Other financing sources    Other financing used.         Other financing sources    Expenditure

Which statement best defines a mutual fund? a. It is a fund set aside by a local government to lend to small firms who want to invest in projects that are beneficial to the firm and community. b. It is an institution that sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. c. It is an institution that sells shares to the public and uses the proceeds to buy a selection of various types of stocks and bonds. d. It is a financial market where small firms agree to sell and bonds to raise funds.